BTCCAD is moving towards the support line of a Rising Wedge which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If BTCCAD continues in its current trajectory, we can expect it to reach 10687.1000 within the next 15 hours.
Related Posts
DASHGBP likely to test 18.8300 in the near future. Where to next?
DASHGBP is moving towards a key support level at 18.8300. This is a previously tested level for DASHGBP.…
Is the ETHUSD poised for a turn-around after 4 consecutive bearish Daily candles?
ETHUSD has experienced an exceptionally large amount of consecutive bearish candles to reach a price of 2305.5100 in…
A possible move on BTCUSD as it heads towards support
An emerging Channel Down has been detected on BTCUSD on the 1 hour chart. There is a possible…